Travel uses the contribution margin income statement internally. First Nation's first-quarter results follow. LOADING... (Click the icon to view the income statement.) First Nation's relevant range is between sales of $ 135 comma 000 and $ 780 comma 000 .

First Nation Travel
Contribution Margin Income Statement
Three Months Ended March 31
	Sales revenue	$317,500
	Less: Variable expenses	(128,000)
	Contribution margin	189,500
	Less: Fixed expenses	(180,000)
	Operating income	$9,500

Requirements 1. Prepare contribution margin income statements at sales levels of $ 185 comma 000 and $ 680 comma 000 . (Hint: Use the contribution margin ratio.) 2. Compute break-even sales in dollars. Requirement 1. Prepare the contribution margin income statement at the $ 185 000 level. (Round interim percentages to the nearest whole percent. Enter losses with a minus sign or parentheses.) First Nation Travel